US spot Bitcoin ETFs took in $189 million on Tuesday, lifting August net inflows to $951 million, while Ether ETFs added $71.5 million. US-listed spot Bitcoin exchange-traded funds drew $189.3 million in net inflows on Tuesday, lifting August net inflows to about $951 million. The latest gains followed $297.6 million in net inflows on Monday, bringing the two-day total to $487 million, or more than half of the funds’ net inflows so far this month, according to SoSoValue data. BlackRock’s iShares Bitcoin Trust led the day’s inflows with $143.6 million, while Fidelity’s Wise Origin Bitcoin Fund added $23.9 million. Read more
Bitcoin futures open interest on Binance fell alongside BTC price as analysis published on CryptoQuant flagged mounting pressure on leveraged longs. Bitcoin (BTC) long positions are “facing liquidation” as volatility shows signs that a range breakout is finally coming. Key points: Insights published on onchain analytics platform CryptoQuant by community analyst “BorisD on Thursday said that leveraged long BTC positions are being flushed out as BTC/USD targets month-to-date lows. Read more
Bitcoin hit month-to-date highs above $65,000 as risk-assets gained on low US nonfarm payrolls data. Bitcoin (BTC) hit new August highs into Friday’s Wall Street open as markets reacted to weaker US jobs numbers. Key points: Data from TradingView showed BTC/USD hitting $65,340 on Bitstamp, up 1.3% on the day, as fresh US labour-market data was released. Read more
US lawmakers have only a few days to hold a vote on a crypto market structure bill before a recess begins that could push consideration into the 2026 election season or beyond. The window for the US Congress to pass a comprehensive market structure bill on cryptocurrencies is closing, with the Senate set to go on recess in a matter of days, and lawmakers still have not announced clear plans to vote on the legislation. In a Wednesday X post, Senator Cynthia Lummis said she anticipated that the Senate would vote on the Digital Asset Market Clarity (CLARITY) Act before the chamber breaks for its month-long August recess. The Wyoming lawmaker has been one of the biggest proponents for the crypto bill, which has split many members of Congress and industry leaders over different provisions on ethics, stablecoins and tokenized equities. “It’s just time to get people on the record,” said Lummis. Read more
Bitcoin could confirm an August bear-market bottom, though rising Treasury yields could force the Fed to raise rates in September, according to 10x Research. Bitcoin could confirm a bear-market bottom in August with a monthly close above $63,000, according to 10x Research. Markus Thielen, founder of 10x Research, said in a Monday report shared with Cointelegraph that Bitcoin closed July below the threshold needed to confirm a technical bottom. A monthly close near $63,000 would turn several of 10x Research’s cycle indicators bullish. Bitcoin was trading at $63,140 when the analysis was prepared, meaning a relatively small gain from July’s closing level could trigger the reversal signal. The company said it continued to favor long positions but would shift to a neutral stance if Bitcoin broke key support levels and moving averages. Read more
The “sickening” loss of $90 million of Bitcoin from cold storage weighs heavily on sentiment, as the Clarity Act stalls with just five days left to hold a Senate vote. After $90 million in Bitcoin was drained from Coldcard wallet users, small hodlers desperately sought refuge on centralized exchanges and via alternative custody methods. Bitcoin transfers below 1 BTC climbed to their highest daily level since 2022 on Friday, with 39,600 BTC moved, according to data shared by CryptoQuant head of research Julio Moreno on Saturday. The figure was just 300 BTC below the 39,900 BTC transferred on Nov. 16, 2022, days after FTX filed for bankruptcy. Galaxy Research, the research arm of crypto investment company Galaxy Digital, reported Saturday that the third wave of attacks on users of the hardware wallet on the weekend brought estimated losses to 1,367 BTC ($88.6 million) across 4,585 addresses. Read more
BTC price upside predictions include $68,000 within two weeks and up to $80,000 next month, contrasting with warnings of a 2022 bear-market rerun for the rest of 2026. Bitcoin (BTC) may hit up to $80,000 by August, a new prediction says as data lays out key nearby BTC price levels. Key points: Read more
Revolut notified some customers it will delist USDT after Aug. 31, with remaining holdings automatically converted into users’ base currency. Revolut, a crypto-friendly digital banking platform headquartered in the United Kingdom, notified some users it will delist Tether USDt (USDT) stablecoin in August, citing regulatory and risk concerns. In a Friday customer notice seen by Cointelegraph, Revolut said users will no longer be able to buy USDT starting July 6, with full delisting scheduled for Aug. 31, 2026. If users do not sell or withdraw their USDT by the end of August, Revolut will automatically convert any remaining USDT holdings into users’ base currency at the day’s exchange rate, the company said. Read more